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TheCable

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Russia-Ukraine war: Develop gas infrastructure to increase export to Europe, LCCI tells FG

    Russia-Ukraine war: Develop gas infrastructure to increase export to Europe, LCCI tells FG

The Lagos Chamber of Commerce and Industry (LCCI) has asked the federal government to improve Nigeria’s gas infrastructure. According to NAN, Michael Olawale-Cole, LCCI president, said this in a statement

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Farmers’ association applauds FG’s ban on direct purchase of agric produce by foreigners

    Farmers’ association applauds FG’s ban on direct purchase of agric produce by foreigners

The All Farmers Association of Nigeria (AFAN) has commended the federal government’s ban on foreigners’ direct purchase of agricultural produce. The federal executive council (FEC) had on Wednesday approved a

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NPA opens first non-oil export processing terminal in Lagos

    NPA opens first non-oil export processing terminal in Lagos

The Nigerian Ports Authority (NPA), on Friday, flagged off the first non-oil export processing terminal, situated in Ibeshe-Ikorodu, Lagos state. The Ibeshe-Ikorodu facility is designated as EssLibra Terminal. The EssLibra

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Zainab Ahmed: Electricity subsidy removed — petrol is next

    Zainab Ahmed: Electricity subsidy removed — petrol is next

Zainab Ahmed, minister of finance, says the federal government has removed the subsidy on electricity tariff. She also hinted at government’s plans to remove subsidy on petrol. Ahmed said this

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Sokoloan, OKash — FG cracks down on digital lenders over ‘customer privacy violation’

    Sokoloan, OKash — FG cracks down on digital lenders over ‘customer privacy violation’

The federal government, on Friday, raided the offices of “illegal” digital loan companies operating in Ikeja, Lagos over alleged consumer

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G7 countries to impose further sanctions on Russia

    G7 countries to impose further sanctions on Russia

The G7 leaders and the European Union have agreed to further impose economic sanctions on Russia for invading Ukraine.  The

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FAO: 14.4m Nigerians facing food crisis amid insecurity, rising inflation

    FAO: 14.4m Nigerians facing food crisis amid insecurity, rising inflation

The Food and Agriculture Organisation (FAO) says about 14.4 million Nigerians are facing a food crisis. The agency said the

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Naira slides 0.5% to N581/$1 at parallel market

    Naira slides 0.5% to N581/$1 at parallel market

Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market. The figure

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Aviation fuel scarcity: We may ground planes for safety reasons, says NCAA

    Aviation fuel scarcity: We may ground planes for safety reasons, says NCAA

Airline operators in Nigeria have alleged that some marketers are hoarding aviation fuel, also known as Jet A1. They said

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NRC: Why Lagos-Ibadan train stopped midway

    NRC: Why Lagos-Ibadan train stopped midway

The Nigerian Railway Corporation (NRC) says the Lagos-Ibadan train stopped midway due to fuel gauge failure. The corporation said this

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